Crypto Bit Trade Review – Legit Company or Another Scam? Find Out Here…
Welcome to my Crypto Bit Trade Review!
Whether you have already been approached by someone about this company, or this is the first time you’ve heard of it, you are probably here to learn more, right?
Well, you’re in the right place!
This review will give you all the info you need about this company, their products and their compensation plan.
Keep reading to learn more about Crypto Bit Trade!
Crypto Bit Trade Review – The Company
Crypto Bit Trade does not offer any information on their website in regards to who owns or operates the business.
There is a link on the Crypto Bit Trade website that leads to the company’s compensation plan, where I found that Joe Yagudaev and Ramon Escalera are listed as co-founders of the company.
Ramon Escalera first came on the MLM scene last year as the admin of 25 Dollar Legacy.
After 25 Dollar Legacy closed up shop, Escalera launched Platinum World Team Build.
Platinum World Team Build is a business opportunity that offers a $166,800 ROI on $100 investments.
Currently, Escalera seems to be promoting Nspire Network on Facebook.
Joe Yagudaev launched his own company called Elite Profit System approximately one year ago.
Elite Profit System is biz op that sees affiliates donating between $500 and $25,000 to each other.
While online traffic estimates revealed little to no interest throughout 2016, Elite Profit System saw a slight increase of activity in May 2017.
I personally had contact with Joe Yagudaev and he is a great leader with integrity.
Crypto Bit Trade Reviews – The Products
Crypto Bit Trade offers a ton of training in the cryptocurrency trading arena.
Affiliates who sign up with Crypto Bit Trade can only market the affiliate membership.
Once an affiliate joins Crypto Bit Trade, they will get access to CBT Academy.
CBT Academy offers powerful cryptocurrency education training products and services.
Education at CryptoCurrency is where you can learn anything and everything that has to do with cryptocurrencies.
From the basics to the latest information.
We’ve searched far and wide to bring you the best publicly available educational content on digital currencies, sorted by subject and level.
Again, I have been in contact with Joe and he showed me proof of trading which is actually a first.
Now he couldn’t reveal everything because let’s face it he needs to protect his assets from competition, but this video shows it below:
The Crypto Bit Trade Compensation Plan
To participate in the compensation plan, Crypto Bit Trade affiliates are required to invest between 0.1 and 16 bitcoin for a 200% ROI, paid out at a rate of 1% a day.
Affiliates who earn residual commissions on downline invested funds are paid through a binary compensation structure.
A binary compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
The 1st level of the binary team holds 2 positions and the 2nd level is created by adding another two positions under each of the first two, for a total of 4 positions.
Additional binary team levels are created as needed, with every new level holding twice as many positions as the level above it.
Binary team positions are filled by direct and indirect sponsorship of affiliates, with no current limit as to how deep the team can grow.
New investment volume is tracked by the company on each side of the binary team.
Volume matched on both sides of the binary team produces a % commission at the end of each day.
The exact percentage amount that is paid out depends on the amount a Crypto Bit Trade affiliate has invested:
- Invest 0.05 BTC and receive a 5% binary commission, capped at 0.1 BTC a day or 3 BTC a month
- Invest 0.1 BTC and receive a 7% binary commission, capped at 0.2 BTC a day or 6 BTC a month
- Invest 0.3 BTC and receive a 10% binary commission, capped at 0.6 BTC a day or 18 BTC a month
- Invest 0.5 BTC and receive a 13% binary commission, capped at 1 BTC a day or 30 BTC a month
- Invest 1 BTC and receive a 15% binary commission, capped at 2 BTC a day or 60 BTC a month
- Invest 2 BTC and receive a 17% binary commission, capped at 4 BTC a day or 120 BTC a month
- Invest 4 BTC and receive a 20% binary commission, capped at 8 BTC a day or 240 BTC a month
- Invest 8 BTC and receive a 25% binary commission, capped at 16 BTC a day or 480 BTC a month
- Invest 16 BTC and receive a 30% binary commission, capped at 32 BTC a day or 960 BTC a month
Affiliates can earn Exclusive Bonuses based on their personal sponsorship efforts.
- Sapphire (sponsor at least fifty investing affiliates) – $25,000
- Emerald (sponsor at least one hundred affiliates who have each invested “an average of 2 BTC”) – $50,000
- Diamond (sponsor at least two hundred investing affiliates) – “BMW or Mercedes of your choice”
- Blue Diamond (sponsor a least five hundred investing affiliates) – “Exotic car of your choice”
- Black Diamond (sponsor at least a thousand investing affiliates) – a “house up to $1 million”
In regards to how much sponsored affiliates must invest to meet the above quotas, the Crypto Bit Trade compensation plan states:
These bonuses are subject to change depending on the value of BTC.
Once you reach the specific amount of referrals, you will need an average of 2 BTC in total of what your personal referrals came in or upgraded to.
Also, these bonuses are calculated on 1 BTC worth $2800.
If the value of Bitcoins is lower or you averaged anything less than 2 BTC, you will still qualify for the bonus but will be less.
Cost To Join Crypto Bit Trade
The cost to join Crypto Bit Trade as an affiliate is the purchase/investment in 1 of 9 offered packages:
- CBT 1 – 0.05 BTC (no daily ROI)
- CBT 2 – 0.1 BTC
- CBT 3 – 0.3 BTC
- CBT 4 – 0.5 BTC
- CBT 5 – 1 BTC
- CBT 6 – 2 BTC
- CBT 7 – 4 BTC
- CBT 8 – 8 BTC
- CBT 9 – 16 BTC
Income potential through the Crpyto Bit Trade compensation plan is the main difference between the above packages.
Verdict on Crypto Trade Bit
Crypto Trade Bit generate their ROIs through cryptocurrency mining and trading…
The good news is I have personally spoken with Joe and there is indeed trading and mining going on plus you get training on top of it.
The compensation plan is very fair as well and rewards people for trading/mining and bringing in business partners into the company.
Like I said earlier, Joe Yagudaev is a man of integrity and wouldn’t compromise his reputation to make a few bucks to scam people…
This company is the real deal.
I hope you enjoyed my Crypto Bit Trade review and if you have any questions, please leave them in the comments below…
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